-1- AIT (VP-SEC) 017E/2022 May 12, 2022 Subject: Management's Discussion and Analysis of Operating Results for Q1-2022 To: The President of the Stock Exchange of Thailand Summary of Operations Q1

amortisation 438,041 461,208 (5%) Interest income (11) (26) (136%) Finance costs 279,834 266,576 5% Unrealised (gain) loss on exchange rate (191,684) (530,938) (177%) 2,401 556 77% Gain on compromise debt

amortisation 78 Interest income (2) Finance costs 353 Debts and doubtful debts 64 Gain from debt restructuring (1) Unrealised gain on foreign exchange (33) (Reversal of) loss on devaluation of inventories 82

”) reported total revenue of THB 1,121 million, contributed by an increase in revenue from Hotel Business, primarily from owned hotels overseas, despite an adverse impact from an exchange on translated

Operation Date EBITDA Earnings before Interest, Tax, Depreciation and Amortization FX Foreign Exchange Rate IPP Independent Power Producer PPA Power Purchase Agreement SPP Small Power Producer Projects

MDA Q1_2018 (Eng.) May 7, 2018 Subject : Interim Management Discussion and Analysis of Q1/2018 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements of

S&P MD&A Q1_2018-ENG -1- Ref. POL. 059/2018 May 08, 2018 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

Clarification of the three-month operating results ending on 31 March 2018 To The President of the Stock Exchange of Thailand Matching Maximize Solution Public Company Limited (the Company) would like to clarify

MD&A Q4_2018 (Eng.) February 21, 2019 Subject : Yearly Management Discussion and Analysis of 2018 Attention : President of The Stock Exchange of Thailand We attach herewith the financial statements

ที่ บช NO. AC. 04/2019 14 November 2019 Subject: Clarification of changes in operating performance of more than 20% To: The President of the Stock Exchange of Thailand M.K. Real Estate Development